Your logo is an aspect of your:

If an LLC runs into legal trouble, the owner will be held personally responsible.

Which of these is MOST likely a variable expense in the budget of a childcare facility?

Starting your own business requires a separate, unique set of skills and will ask you to _______ as a professional.

What do the letters in LLC refer to?

Tamar has just graduated from college and has worked at various childcare centers throughout high school and her undergraduate years. She knows right away that she wants to open up her own daycare. Luckily, she has no debt of any kind and can keep working at the childcare center she is currently employed at for as long as she would like while she saves money. What type of expenses should Tamar try to save before starting her business?

An owner of an LLC is also known as a(n) _________ of the LLC.

It’s best practice to keep the same account for your personal and business expenses.

Quarterly taxes are filed:

Which type of pricing strategy would work best if you’d like to charge a flat rate no matter how many hours a child attends your center on a given day?

Cody has been operating his own after-school childcare facility for three years. He originally registered as a sole proprietor when he operated out of his home but has grown so much that he now offers services at a local community center. Why might he want to change to an LLC at this point in his career?

What factor determines how much a childcare center owner will pay to register as an LLC?

Insurance cannot be written off your taxes.

Anton is the manager of the toddler program at a daycare. In his role, he recruits, trains and oversees the work of all toddler teachers and the development of their curriculum. However, sometimes he becomes frustrated in meetings with his supervisors because they ask him to wait before implementing changes or new ideas into the program. What trait—that is useful for budding entrepreneurs—does Anton display in his current role?